Iranian President Mahmoud Ahmadinejad said on Monday that dramatic change in world order is underway as “the collapse of the capitalist system was imminent”. The President announced the warning during a meeting with the visiting Speaker of National Assembly of the Democratic Republic of Congo, Evarise Bobhab.

Similar remarks came from Ahmadinejad on Saturday when he stressed “that the US would soon have to face the end of its supremacy due to the country’s wrong approaches towards international issues.”

A recent poll by USA Today says “Americans feel battered by hard times, record home foreclosures, stubbornly high unemployment rates and war,” yet there’s “confidence that there will be better times ahead, that the classic American dream endures and hasn’t been extinguished. It’s not even at its low ebb.” The upbeat optimism is due to “denial” says Paul B. Farrell from MarketWatch.

Charlie Munger, Warren Buffett’s long-time partner says “It’s Over” for America. Yes. “o-v-e-r,” America’s in decline, at the end-of-days, coming to “financial ruin,” says Munger.

One thing is for sure, the financial crisis currently sweeping the globe is a huge disaster, and according to Alan Greenspan, “the worst ever“.

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